Experience a Better Way of Processing Payments
After extensive research we quickly realized that many of the providers, whether it be banks or independent sale organizations, were highly unreliable and suspect. These processors would constantly raise rates, unbeknownst to the customer. Why should merchants suffer from an unregulated market, with no oversight, high fees and bad customer service?
Together with a team, we decided to build our business on the principles of trust and integrity, while also offering customers a variety of technology solutions that fit their needs at an affordable price. Not only offering credit card processing but an extended payment solution. To that end, we are extremely fortunate to have a multi-faceted team working together to tackle the industry problems from all angles.
As a company, we are dedicated to delivering a customer experience that treats each person we serve with the passion and commitment that we would expect for ourselves. We believe payment processing ought to be simple, transparent, and reliable. At MSBS we have two guiding principles: Saving ours customers' money by strong banking partnerships and great customer service based on honesty and integrity.
Our competitors charge more, we charge less. We have over 30 years of technical knowledge and 20 years of industry experience, making us leaders in the industry of payment processing.
We are committed to your satisfaction. Our highly trained account managers are ready to respond to any processing issue you might have.
With our extend support hours, we are confident that your processing will be smooth and reliable. Our customers experience an average of Originally we chose to use their services because their rates and fees were so much lower than then everyone else.
But their transparency and prompt response to any question or issue, ensures me they are the right partner for us. I know if I have an issue, she will get back to me immediately. I would recommend Merchant Services Broker Solutions to anyone that is interested in saving money on their rates and fees and wants an agent and company that cares about your success.
Our switch to MSBS has been breeze, and our rep more responsive and helpful then I could have hoped for. I would highly recommend their services as a merchant account provider There are a lot of vendors that offer low rates at first, but then they raise your rates before you know. And good luck if you get a live person on the phone when you call with issues. These guys are the best and I would highly recommend them to anyone that needs help with their processing".
Your phone call is actually answered by a person. There is always an immediate response to a question or problem. And if needed, you receive a follow up email or phone call. Their customer service is the best! I just wish I'd known about you guys years ago. Changing over took a little time and paperwork, but your customer service people were a huge help and they made it as painless as it possibly could be.
They know more about back office technology than anyone else we have spoken with. Customers Features and Benefits Resources. Here are just a few organizations using Blackbaud Merchant Services. Read these stories and more in our customer story showcase.
Easy to Use Developed by payment experts for nonprofits just like yours, Blackbaud Merchant Services is designed to make payment processing simple, secure, and affordable. Savings on Every Transaction Blackbaud Merchant Services saves your nonprofit time and money on credit card processing. With Fraud Management , you can keep more of every dollar raised. In addition, pre-reconciled bank deposits and detailed transaction reports will allow your staff to focus on fundraising. Minimize declined transactions and avoid disruptions in regular giving by using Credit Card Updater to keep credit card data current.
Allow your supporters to pay with their digital wallets. Blackbaud Merchant Services supports multiple currencies, including U.
Please credit the " User Services and Comment Card " merchant posting. C processing Financial Payment provides merchants the online credit cards online with secure e-commerce payment gateways and services that make accepting electronic payments quick, easy and safe. Visit Square. Our competitors charge more, we charge less. The company goes out of its way to get you the best and most affordable deal possible. Carrie D.
5 Cheapest Credit Card Processing Companies for 2021
Allow your supporters to pay with their digital wallets. Blackbaud Merchant Services supports multiple currencies, including U. Capabilities for Blackbaud Merchant Services. Blackbaud MobilePay Mobile payment processing made easy. Learn More. Data Security Protect your constituents and your nonprofit from costly credit card fraud. Recurring Gifts Turn one-time supporters into sustaining donors.
Resources for Blackbaud Merchant Services. Ready to learn more? Contact us today to learn more about Blackbaud Merchant Services. Other fees include monthly support fees, access fees, and more. Our affordable e-commerce merchant services and online credit card payment processing seamlessly integrates with your e-commerce payment processing platform.
As a result, this gives customers a smooth and secure online buying experience. Launch your shop with the right ecommerce credit card processor and avoid getting your merchant account frozen. Moreover, PayKings has been at the forefront of the ecommerce payment processing industry.
Skip to content Contact Apply Now. Online Credit Card Processing Solutions. It is important when searching for online credit card processing solutions and merchant account services that you choose a company whose experience and reputation align with your specific business needs and best fit the requirements within your industry.
The E-commerce Credit Card Processor Revolution Ecommerce is defined as the buying and selling of products or services exclusively through digital channels.
E-commerce is steadily cutting off larger slices of the sales pie year after year. Accordingly, if you are one of the millions of businesses that use an e-commerce platform, you need to ensure you have a high risk e-commerce credit card processor and ecommerce merchant account. This online merchant should not take high percentages of your debit and credit card sales.
Importantly, before you launch your business, make sure you start with the right e-commerce payment processing solutions. You need PayKings for your online payment processing solutions. Online Credit Card Processing for E-commerce Retailers It is a fact that online retailers in the e-commerce sector make being a consumer and purchasing goods and services so much more convenient. Secure and reliable payment processing is tkey for e-commerce merchants.
Be sure to seek out the best high risk merchant account providers to do business with. Moreover, the past several years have shown that many high risk merchant account providers and low risk providers alike are changing the way they do business. Accordingly, they have upped their security measures to mitigating potentials for credit card fraud.
High Risk Merchant Services Finding the right high risk merchant account provider can be challenging. Our solutions help business owners take their business to the next level.
A Modern Approach to Payment Processing
Visit Merchant Depot No, online. These can be ideal services businesses that card primarily payment but also do a portion processing their business online. Customers Features and Benefits Resources. Lowest pricing available. This online merchant should not take high percentages credit your debit and credit card sales.
The 9 Best Online Credit Card Payment Processing Services For Small Businesses
Contact us. Play Video. Customers Features and Benefits Resources. Here are just a few organizations using Blackbaud Merchant Services. Read these stories and more in our customer story showcase. Easy to Use Developed by payment experts for nonprofits just like yours, Blackbaud Merchant Services is designed to make payment processing simple, secure, and affordable.
Savings on Every Transaction Blackbaud Merchant Services saves your nonprofit time and money on credit card processing. With Fraud Management , you can keep more of every dollar raised. In addition, pre-reconciled bank deposits and detailed transaction reports will allow your staff to focus on fundraising.
Minimize declined transactions and avoid disruptions in regular giving by using Credit Card Updater to keep credit card data current.
This is especially important for small businesses in as more customers are buying online, ordering ahead, or looking for contactless solutions. Payment Depot also charges no setup or cancellation fees. Every account comes with a free payment gateway and free reprogramming of any existing equipment. Some plans include free mobile readers, terminals, and pin pads. Though Payment Depot earned the highest score in our evaluation, a 4. Fattmerchant is a subscription-model merchant services provider, similar to Payment Depot, but with a slightly different pricing structure and software.
Fattmerchant also offers excellent value with its Omni software that can be used for invoice management, stored and recurring payments, customer management, text-to-pay options, and a reporting dashboard. In our evaluation, Fattmerchant earned a 4. Square is a cloud-based payment processing and business management software provider with competitive pay-as-you-go processing fees and free top-rated POS software. These features make Square not just one of the cheapest credit card processors but also one of the best.
In our evaluation, Square earned a 4. Instant signup with no application process, contract, monthly fees, cancellation fees, or chargeback fees earned Square high marks.
Limited customer service hours, lack of ACH processing, and account stability issues prevented Square from earning a perfect score. Dharma Merchant Services is a traditional merchant services provider that specializes in working with independent businesses and offers solutions for accepting online and offline payments. Dharma offers extremely low interchange-plus pricing, particularly for storefront and restaurant payments.
In our evaluation, Dharma earned a 3. It earned high marks for accepting every payment type we looked for, including card-on-file and level 2 and level 3 processing. Of all the merchant service providers on our list that offer interchange-plus pricing, Dharma also has the lowest monthly fee.
Next-day funding is also only available for storefront businesses. These limitations prevented Dharma from scoring higher. PayPal has online solutions for businesses and a mobile app for accepting credit cards in-store or on-the-go called PayPal Here. PayPal also offers discounted online payment processing for nonprofits at 2.
In our evaluation, PayPal earned a 3. No contract or cancellation fees, flexible hardware and payment options including QR payments , pay-as-you-go pricing, and customer-friendly One-Touch checkouts earned PayPal high marks. Limited support hours, processing limits, account stability issues, and monthly fee requirements for features like virtual terminal and ACH processing prevented it from earning a perfect score.
For many businesses, credit card processing fees are a huge recurring expense. To some degree, they are unavoidable and only increase in volume as your business grows. However, there are a few things you can do to reduce your fees. The first step in lowering your card processing rates is encouraging customers to pay in cash.
Essentially, businesses can offset processing fees by building them into your regular prices and offering a discount for shoppers paying in cash.
However, look closely at the laws in your particular state and local area. In many places, cash discounts are legal but credit surcharges are often not.
A common example of this is pricing at gas stations. If you walk inside and pay cash, the per-gallon price is lower than if you pay with a card at the pump. Learn more: Read our how-to guide on zero-cost processing.
This option is ideal for businesses that use recurring payments like subscriptions or charge via invoice. Learn more: Read about ACH processing and the other most affordable ways to accept payments online. These rates are not available to most small businesses, especially B2C businesses. However, if you are a B2B company processing large volumes, check with a merchant account provider like Dharma Merchant Services.
Learn more: Read our full guide on Level 2 and Level 3 payment processing. Actively shop around and request quotes to see if you could be saving several hundred dollars per month by switching credit card processing companies. Credit card processing and payment processing, in general, are necessary functions of any business, but they come at an expense. Many different payment processing companies advertise the lowest rates, and many of them have completely different fee structures.
Finding the cheapest credit card processing is tricky, but can save your business hundreds, if not thousands of dollars every month.
Meaghan Brophy is Fit Small Business's authority on retail and ecommerce. You must be logged in to comment. Click a "Log in" button below to connect instantly and comment.
Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Subscribe to our Newsletters Fit Small Business content and reviews are editorially independent. We may make money when you click on links to our partners. Learn More. November 25, Based on our evaluation, the cheapest credit card processing for small businesses is: Payment Depot : Cheapest merchant services for most businesses Fattmerchant : Best overall value for small businesses Square : Cheapest credit card processing with no monthly fee Dharma Merchant Services : Cheapest for storefronts and restaurants PayPal : Cheapest payment processing for occasional sales.
In store: Monthly sales volume. In store: Average order value. Online: Monthly sales volume. Online: Average order value.
Processing can be scheduled on a merchant schedule. Online up to receive credit well-researched small business articles payment topics services your inbox, personalized card you. Get Started with Fattmerchant. Inour founders got involved in the MS industry as both a technology partner and a customer. With CDGcommerce, you get your choice of free payment gateways, including Authorize. However, there are a few things you can do to reduce your fees. There is always an immediate response to a question or problem.